CIMA E3 Strategic Management is an important exam for CIMA aspirants who want to get qualified as a Chartered Global Management Accountant (CGMA). It covers a range of topics related to strategic management, including business models, digital transformation, innovation, risk management, and performance evaluation. The E3 exam is designed to test your knowledge and skills in strategic management and how you can apply them to real-world business scenarios.
Exam Objectives:
- Understand the fundamentals of strategic management
- Understand the impact of the external environment on the organization and the development of a strategic response
- Understand how to lead change and manage risk within the organization
- Understand how to evaluate and monitor performance in order to implement strategic decisions
- Understand how to manage and develop people in order to implement strategic decisions
The CIMA E3 exam is ideal for those who want to develop their strategic management skills and knowledge in order to lead and manage organizations. The exam is a part of the CIMA Professional Qualification and is aimed at managers, business analysts, and other professionals who are responsible for strategic decision-making in their organizations.
Exam Details:
- Exam format: Computer-based
- Exam duration: 3 hours
- Number of questions: 80
- Passing mark: 70%
- Exam fee: varies by location
- Delivery method: Pearson VUE test centers or online proctoring
Before taking the CIMA E3 exam, you must have completed the CIMA Certificate in Business Accounting or a relevant qualification from a recognized institution. You should also have completed the CIMA Operational and Management level exams before attempting the E3 exam.
Related Books:
There are several books that can help you prepare for the CIMA E3 exam. Some of the most popular books include:
- CIMA E3 Strategic Management: Exam Practice Kit by Kaplan Publishing
- CIMA E3 Strategic Management: Study Text by BPP Learning Media
- CIMA E3 Strategic Management: Revision Cards by Kaplan Publishing
- CIMA E3 Strategic Management: Practice and Revision Kit by BPP Learning Media
These books provide comprehensive coverage of the exam syllabus, including key concepts, theories, and practical applications of strategic management. They also include practice questions, case studies, and revision materials to help you prepare for the exam.
In summary, passing the CIMA E3 Strategic Management exam requires a solid understanding of strategic management concepts and their application in real-world business scenarios. By preparing thoroughly and using the right study materials, you can increase your chances of passing the exam and moving closer to becoming a qualified CGMA.